Search
  • Christopher Pedel
    • May 15, 2017
    • 1 min read

PENSIONS AND LIFETIME ISA DEATH BENEFITS COMPARED


Pensions have advantages in relation to death benefits. The benefits from a pension are normally outside of the member's inheritance tax (IHT) estate whereas with a LISA they will form part of the estate. It is also possible to pass pension funds down through the generations outside of anyone's estate, while keeping the funds invested in tax efficient beneficiary's drawdown. As with the standard ISA, on death the allowance can pass to a spouse but it doesn't offer the wider IHT planning options and advantages of a pension.

Article taken from TECHTALK APRIL 2017


9 views0 comments

Recent Posts

See All

Vulnerable Client Policy

It is complex to identify a vulnerable client as there are many different situations; the vulnerability may not be permanent and not everyone becomes vulnerable in the same way. Clients could potentia

Looking after your family's future

Here we look at some situations where clients comfortable with the associated risks could benefit from Business Property Relief-qualifying investments for inheritance tax planning. Nothing should be t

Privacy Notice

This privacy notice explains how we use any personal information we collect about you. What information do we collect about you? We collect information about you when you engage us for financial plann

Christopher Stephens Financial Services Limited is a company registered in England and Wales. Registration number 09623675. Christopher Stephens Financial Services Limited is an Appointed Representative of Lyncombe Consultants Limited, which is authorised and regulated by the Financial Conduct Authority.